In the summer of 2006, the team were controversionally "taken over" to form a new club (Cullompton Rangers Ladies) 

Exeter City were determined to keep a Ladies team, therefore a City Ladies Centre of Excellence was set up by the Grecians to replace the now defunct Exeter City Ladies team.

The team were supported by the Supporters Trust who sponsored them by purchasing a brand new kit for the 2006/07, and in the development and maintenance of teams official website.

The Grecians had to start in the second division of the Westward Development League. Home games were to be played at St George V playing fields, off the Topsham Road.
The manager Steve McClear said "It was important that people know the Exeter City still have a ladies team".

An Under-21 women's international in November 2006 was arranged between England and France. Nearly 5000 fans turned up, at that time the U-21's were lucky to have crowds over 1500. The game ended in a 1-1 draw and Steph Houghton, scored for England. 

City's COE under 16's made up the majority of the squad.

The squad included :- Siobhan Aslett, Hannah Cox, Lola Sanchez, Kellie Hall, Emma Jones, Jodie Mills, Jenny Brasher, Sophie Anderson, Naomi Wilkins, Gabby Stoneman, Emma Mingo.

The season started with a spectacular set of results with 5 straight wins and 32 goals scored and only one conceded. 

Exeter City COE Devon (Westward Development's) Woman's League Div 2
03/09/2006	League	Lamerton	Home	5-0	Gabby Stoneman 2	Siobhan Aslett	Naomi Wilkins	Mandy Earle
10/09/2006	League	North Prospect Rangers	Away	7-0
01/10/2006	League	Ivybridge Town	Away	5-0
08/10/2006	League Cup	North Prospect Rangers	Home	17-0	Hannah Cox 5	Lola Sanchez 4	Siobhan Aslett 3	Gabby Stoneman 2	Kelly Hall
					Kelly Hall	Emma Jones	Jodie Mills
22/10/2006	League	Georgham & Croyde	Home	8-1	Hannah Cox 3	Lola Sanchez	Jenny Brasher	Naomi Watkins	Gabby Stoneman	Og
05/11/2006	League	Lamerton	Away	12-0	Lola Sanchez 4	Gabby Stoneman	Kelly Hall	Emma Mingo 3	Kelly Hall 2	Siobhan Aslett
12/11/2006	Devon L Cup	Roborough	Home	6-3	Lola Sanchez 4	Gabby Stoneman	Kelly Hall
26/11/2006	League	North Prospect Rangers	Home	16-0	Hannah Cox 4	Lola Sanchez 2	Mandy Earle	Gabby Stoneman 4	Naomi Wilkins
					Kelly Hall	Emma Jones
03/12/2006	League	Torridgeside	Home	9-0	Gabby Stoneman 5	Hannah Cox	Mandy Earle	Emma Jones	Naomi Wilkins
	League	Ivybridge Town	Home	NotKnown
	Cup	Yeovil LFC	Home	2-1	Jo Goldsworthy	Becky Folds
	League	MarJons Old Suttonians	Away
	Cup	Plymouth Argyle	Home	4-2	Jo Goldsworthy	Becky Folds	Hannah Courtney	Emma Redwood
	League	Georgham & Croyde	Away
	League	Torridgeside	Away
06/05/2007	League	Marjons, Old Suttonians	Home	6-2	Tamsin Braund 2	Hannah Cox 2	Mandy Earle	Lola Sanchez

Final Table

Westward Development Devon Women’s League Division 2, 2006-07

 

2006-07	P	W	D	L	F	A	Pts
Exeter City COE	12	11	0	1	85	9	33
Old Suttonians	12	9	0	3	60	19	27
Ivybridge Town	12	8	0	4	51	17	21*
Georgham & Croyde	12	7	0	5	45	28	21
Torridgeside	12	4	0	8	25	58	12
Lamerton	12	1	0	11	8	76	3
North Prospect Rangers	12	2	0	10	7	72	0*

*Points deducted

It was a very successful season. And proved to be the start of the club's rise up the pyramid, and by 2012 the new team was playing in the South West Combination under the management of Steve Tully.

Meanwhile at Cullompton Rangers LFC formerly  known as Exeter City L.F.C, were formally granted a name change by Devon FA in 2006. They played their home matches at Speeds Meadow, Cullompton, Devon.
In 2011 the club folded when the manager was forced to leave and a replacement could not be found.